When former Wesfarmers executive, John Pirie, took on the job as chief executive of National Lifestyle Villages Pty Ltd more than two years ago he implemented remarkably similar management strategies to those David Robb is currently utilising at Iluka Res
The appointment of David Robb as Iluka chief executive last August may have been applauded by the investment community, but the positive reception for the man has not translated into support for the stock.
Two Western Australian-based technology companies were recognised last month at the national Consensus software awards for Australian software developers.
The arrival of Web 2.0 – the ‘new phase’ in the internet that encompasses social networking sites, podcasts and blogging – was for some users the most significant event in cyberspace since the dot.com boom.
While securing venture capital remains a challenge for many in the state’s online business sector, local and international investors continue to see opportunities in the Western Australian market.
Western Australia’s economic prosperity is generating unprecedented levels of building activity across public and private sector projects, with no shortage of developments in the planning phase.
Developers are seeking to capitalise on the growing industrial facilities shortage, delivering some of the most significant warehousing construction projects and driving the creation of large new estates.
Western Australia’s powerhouse economy has moved into top gear, sparking unprecedented levels of demand for infrastructure and creating a volume of construction work across the state that’s challenging the sector.
Punters will be able to shop until they drop this Christmas with no fewer than eight new major shopping centre and showroom projects in Perth due to be completed before the year is out.
The CBD skyline will be transformed before the decade is out as developers move ahead with the construction of new apartment buildings across the city.
Private businesses are being sold at higher earnings multiples in the current market compared with recent years, according to West Perth firm Mergers & Acquisitions Pty Ltd.
Fremantle-based Oil Mallee Company Ltd hopes to capitalise on current market sentiment by working towards bioenergy production with an initial $300,000 capital raising and possibly listing on the Australian Securities Exchange.
This year’s $US32 billion ($A40 billion) takeover of US power utility TXU was famous for being the world’s biggest private equity deal, but it has also become renowned for the role of environmental activists.
Western Australia should move towards ‘sustainable functionality’ through a restructuring of its agricultural industry and adaptation to the changing climate, according to an internationally renowned water expert.
The state government’s long-awaited Climate Action Statement, injecting $40 million of funding into renewable energy development and committing to renewable energy targets, has received a mixed response from within the sector.
Sales of hybrid vehicles in Western Australia have almost doubled on last year for the year to date, as 4WD and sports utility vehicles fall out of favour with buyers across Australia and overseas.
Seven months after releasing its first prospectus, and in the face of strident criticism from the Legal Practice Board of Western Australia, Perth company Integrated Legal Holdings Ltd is pushing ahead with plans for a share market float.
Maintaining good working relationships with external lawyers is much more important than introducing alternative billing arrangements when it comes to managing legal costs, according to legal counsel surveyed by WA Business News.
The Takeovers Panel has concluded that its operations should be able to continue effectively despite a Federal Court ruling last month that cast doubt on its future.
Three substantial commercial law firms have been established in Perth in the past year and each has adopted a fundamentally different strategy and business model.
The booming WA economy has prompted many businesses to establish or expand their in-house legal teams, creating new professional opportunities for lawyers and new challenges for law firms selling their wares.
An increased amount of litigation and regulatory action over the disclosure practices of listed companies has become one of the main risks facing company directors.
Construction company Laing O’Rourke Ltd and the Dampier Port Authority hired two of Perth’s top law firms last year when they became enmeshed in a complex dispute over the building of a new jetty; but that hasn’t helped them achieve an effective outcome.
